AI for Accounting and Finance Blog

Alexander Hagerup

Alexander Hagerup
Alexander is a serial tech entrepreneur based in New York with a strong passion for artificial intelligence. Prior to founding Vic.ai, he founded two other technology companies, the last one venture funded by Northzone Ventures and was acquired by NASDAQ-listed J2 Global Inc. in 2014. Alexander has led the development of several software platforms as well as managed integration projects between business systems for 15 years. He has a finance and accounting background and is also a large shareholder and board member of 24SevenOffice.com, a large cloud accounting & ERP system.
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Recent Posts

Artificial Intelligence in Accounting: Focus on Your Workflow

Posted by Alexander Hagerup on Mar 13, 2019 8:05:00 AM

Accountants ask themselves questions tens, if not hundreds of times each day. What types of questions do they ask themselves? Keep in mind, these are excellent questions for artificial intelligence or AI.

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Topics: Artificial Intelligence

How AI is Changing What Accountants Do Today

Posted by Alexander Hagerup on Mar 6, 2019 8:34:00 AM

About 80% of us have used systems that are based on artificial intelligence or AI technology. But most of us are not aware of that. 

A huge amount of venture capital is being invested in the development of intelligence systems. And that shift is happening very fast. 

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Topics: Accounting, Artificial Intelligence

How Artificial Intelligence (AI) is Impacting the Accounting Industry

Posted by Alexander Hagerup on Feb 27, 2019 8:11:00 AM

What does it mean when we use the word artificial intelligence or AI?

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Topics: Artificial Intelligence

How the Right AI Can Transform Your Accounting Business

Posted by Alexander Hagerup on Feb 20, 2019 9:15:00 AM

Accountants know that it’s tough to change software—both the software that they use internally to run their firms and the related software that their clients use to interact with them.

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Topics: Accounting

Surviving and Thriving in an Automated World

Posted by Alexander Hagerup on Feb 13, 2019 8:39:00 AM

With automation available directly to clients via ERP systems, and tech-focused accounting firms pricing traditional accounting firms out of the market, it might seem like the war is over before it has barely begun. Is there even any use for traditional accounting firms anymore?

The answer is a resounding “Yes!”

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Topics: Accounting

How the Right AI Can Make Your Accounting Firm Better

Posted by Alexander Hagerup on Feb 6, 2019 8:50:00 AM

The benefits of AI in aggregate will help to improve your staff, your firm as a whole, and your clients’ businesses.

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Topics: Accounting

Challenges to Continued Success for Accounting Firms

Posted by Alexander Hagerup on Jan 30, 2019 9:52:00 AM

Satisfied employees, happy clients and a broad service offering all help accounting firms find success in a competitive environment. All three of those are increasingly predicated on AI and machine learning.

While it is a boon to those who use it well, that technology also inherently brings with it two new and formidable forms of competition: tech-focused accounting firms that aggressively deploy AI and ERP systems with built-in AI.

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Topics: Accounting

How Accounting AI Incorporates Human Feedback and Learns from You

Posted by Alexander Hagerup on Jan 23, 2019 10:25:00 AM

When looking for the right AI platform, it can be difficult for an accounting firm to assess the AI technology that is powering each platform.

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Topics: Accounting

Practical Technology for Accountants: AI and Machine Learning

Posted by Alexander Hagerup on Jan 16, 2019 9:25:00 AM

AI and machine learning lead to higher employee satisfaction, more robust recruiting, happier clients and a superior service offering to those clients. Here is how these two core technologies are fundamentally transforming the way outsourced accounting services are priced, purchased by and delivered to clients.

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Topics: Accounting

How AI Automates Approvals for Small- and Medium-Sized Accounting Firms

Posted by Alexander Hagerup on Jan 9, 2019 9:15:00 AM

For small and medium-sized business, automating approvals can be difficult since there are usually no efficient systems in place for handling approvals in the first place.

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Topics: Accounting

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